Gilbert Youth Sports Inc

Analysis

Gilbert Youth Sports Inc is a registered charity in United States, based in Ames, IA. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gilbert Youth Sports Inc reported income of $95k and spending of $93k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $100k to $95k (-5.6%), an average of -5.6% a year. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Gilbert Youth Sports Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within IA. Charities of a similar size with the same main cause include Bainbridge Roots Basketball a Nonprofit Organization ($95k), North Carolina Ultra Running Association ($95k) and New Mexico Rodeo Association ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $70k against liabilities of $0, net assets of $70k.